Bill Williams’ Indicators Analysis 17.09.2013 (USD/CAD, NZD/USD)

17.09.2013

Analysis for September 17th, 2013

USD/CAD

At the H4 chart of the USD/CAD currency pair, the Alligator is closing its mouth. AC is in the green zone, AO is near the balance line; there is a Fade bar on the MFI. I expect the price to rebound from the Alligator’s teeth while forming a bullish fractal.



At the H1 chart of the USD/CAD currency pair, the Alligator is opening its mouth upwards. The indicators are in the grey zone; there is a Squat bar on the MFI. I expect the price to form two equidistant fractals and then move upwards.



NZD/USD

At the H4 chart of the NZD/USD currency pair, the Alligator is moving upwards. The indicators are in the red zone; there is a Fade bar on the MFI. The price is expected to move upwards a little bit.



At the H1 chart of the NZD/USD currency pair, the Alligator is sleeping. AO and AC are in the grey zone; there is a Fade bar on the MFI. I expect the price to form two equidistant fractals and then move upwards.



 
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